Coforge Limited has announced that the National Company Law Tribunal (NCLT) has reserved its order for the formal pronouncement regarding the proposed Scheme of Amalgamation with Cigniti Technologies Limited. The announcement was made on 27 March 2026, marking a significant step in the merger process.
The proposed amalgamation involves Cigniti Technologies Limited merging with and into Coforge Limited, along with their respective shareholders and creditors. This scheme is being conducted under sections 230 to 232 and other applicable provisions of the Companies Act, 2013, as per the rules made thereunder.
The process has been ongoing, with previous disclosures made on several dates, including December 27, 2024, July 18, 2025, August 7, 2025, October 18, 2025, November 4, 2025, November 6, 2025, December 6, 2025, December 8, 2025, and January 28, 2026. These updates have kept stakeholders informed about the progress of the merger.
Coforge Limited also reported that the statutory authorities have recorded their no-objection to the sanctioning of the scheme, indicating a positive outlook for the merger’s approval.
The company has committed to notifying the stock exchanges and making the information available on its website once the NCLT order is received. This step will ensure transparency and keep investors and stakeholders updated on the progress of the merger.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).